Category: Uncategorized

Baker Hughes has secured a contract from bp to provide vessel-based well stimulation services across its UK North Sea operations, supporting new well development and enhanced recovery from mature fields.

The UK government is reportedly poised to approve Jackdaw, prompting Aberdeen energy leaders to call for swift action on Rosebank and tax reforms to help restore investment in the North Sea.

Vector Geophysical has purchased 30,000 STRYDE seismic nodes to expand high-density exploration surveys in Colombia, with the equipment set for its first deployment on a Parex Resources project.

TotalEnergies has completed its acquisition of a 40% operated interest in Namibia’s PEL83 license, taking operatorship of the giant Mopane discovery ahead of a three-well appraisal campaign and targeted 2028 FID.

The Texas Railroad Commission will use satellite ground-motion data integrated with subsurface injection information to strengthen monitoring of underground injection activity across the Permian basin.

More than a dozen energy agreements are expected as Venezuela moves to expand crude production, with U.S. Energy Secretary Chris Wright saying China will not have debt claims on revenue generated by newly developed oil fields.

Subsea7 has secured a $50–150 million contract from LLOG Exploration for the deepwater Who Dat East development in the U.S. Gulf, including installation of a 29-km riser and pipe-in-pipe system.

Chevron plans to invest more than $7 billion in Venezuela over the next five years and more than double production to approximately 600,000 bpd after securing additional acreage in the Orinoco Belt.

Eni has expanded its offshore Uruguay exploration position, taking operatorship and a 50% interest in the OFF-5 block while agreeing to acquire a 40% stake in the adjacent APA-operated OFF-6 block.

Two oil supertankers attempting to exit the Strait of Hormuz were reportedly struck by projectiles as renewed U.S.-Iran hostilities threaten a recent recovery in oil shipments through the critical waterway.